Commercial Properties For Investment | PropReturns
    Coliving
    Preleased

    Starting from

    ₹ 85.26 L

    Limited units available
    Mumbai

    Wadala

    359 sq. ft.

    Carpet Area

    Rental Yield

    7.77%

    IRR

    12.48%

    There are 6 different units available. Switch between the different units to see their details.

    Summary

    This project is called Labdhi Seabreeze. It is a 35 story prime residential tower located in Wadala, Mumbai, built by Labdhi Group - one of the leading developers in Karjat, Neral and MMR with an annual turnover of more than 500 Crores.

    Project is fully equipped with all modern amenities, with expected possession by Aug 2022.

    Rental Income from Day 1

    Exceptional 7%+ rental yield compared to 2% in standard residential flats

    Centrally located touching Eastern Freeway

    Stable Tenant with over 700 Crs in funding

    Uninterrupted Sea View with 100 Acres of Mangroves

    Lease Terms

    Tenantzolo

    Zolo is India’s largest Managed Living company providing safe, hygienic and premium co-living spaces to students, working professionals and organizations. This is their largest ever occupied space in Mumbai region.

    700 Crs in funding

    2000+ employees

    450+ properties

    70,000 customers

    10+ cities

    45,000+ beds

    Lease Tenure

    7 years

    Lockin Period

    5 years

    Escalation Value

    5%

    Escalation every

    2 years

    Rent per sq. ft.

    ₹ 144

    Security Deposit

    ₹ 3,10,878
    Lease Timeline
    • Lease Start Date
      August 2022
    • Lockin End Date
      August 2027
    • Lease End Date
      August 2029
    Current Monthly Rent
    Ending Monthly Rent

    Location

    15 mins to BKC

    15 mins to Fort

    15 mins to Vashi

    15 mins to Dadar

    Opposite proposed Wadala Metro Station

    2 mins to Eastern Freeway Wadala Exit

    20 mins to airport

    Intersection of Sion Chembur Road and,
    RJ Gaikwad Rd, Wadala East, Wadala,
    Mumbai, Maharashtra 400037, India

    Pricing

    Investment Breakdown

    Purchase Price:

    ₹ 85,26,250

    Reg. + Stamp Duty + Leg. :

    ₹ 4,76,313

    GST:

    ₹ 4,26,313

    Fitouts:

    ₹ 2,64,942


    Total Investment:

    ₹ 96,93,817

    Buyer needs to additionally pay Rs 738 per carpet area for fitout.

    Financials

    Current Net ROI
    6.4%
    IRR
    12.48%
    Financial Model
    Appreciation

    7%

    No Data

    Get attractive home loans from top banks:

    HDFC

    SBI

    And many more...

    Other Information

    Amenities

    Gym

    Amphitheatre

    Multipurpose Hall

    Laundromat

    Creche

    Mini Theatre

    Jacuzzi

    Steam & Sauna

    Reading Room

    Fire Safety

    Floor planloan
    ₹ 85.26 L
    Coliving | Preleased